AT&T agrees to offer low-cost Internet option to close DirecTV deal

AT&T Inc. (NYSE:T) has agreed to offer a lower-priced Internet option to food-stamp recipients for four years once the merger with DirecTV (NASDAQ:DTV) is approved. The move comes after the Federal Communications Commission expressed a desire for such an option from the combined company, according to a letter AT&T sent to the FCC on July 1. As a result, Dallas-based AT&T plans to offer a discount program that will offer broadband wireline DSL service at speeds up to 5 megabits per second for $10…
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